5671.0 - Lending Finance, Australia, January 2017 Quality Declaration 
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 15/03/2017   
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SUMMARY OF FINDINGS


HOUSING FINANCE FOR OWNER OCCUPATION

The total value of owner occupied housing commitments excluding alterations and additions rose 0.5% in trend terms while the seasonally adjusted series fell 0.2%.

Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.

For further information, please refer to Housing Finance, Australia (cat. no. 5609.0), which was released on 10 March 2017.


PERSONAL FINANCE

The trend series for the value of total personal finance commitments rose 0.4% in January 2017 compared with December 2016. Fixed lending commitments rose 0.4% and revolving credit commitments rose 0.3%.

The seasonally adjusted series for the value of total personal finance commitments fell 2.8%. Revolving lending commitments fell 5.1% and fixed lending commitments fell 1.5%.

Further detail can be found in Tables 1 and 4 on the downloads tab of this release and in the PDF.


COMMERCIAL FINANCE

The trend series for the value of total commercial finance commitments fell 0.9% in January 2017 compared with December 2016. Revolving lending commitments fell 5.1%, while fixed lending commitments was flat.

The seasonally adjusted series for the value of total commercial finance commitments fell 7.1% in January 2017, following a fall of 12.5% in December 2016. Revolving lending commitments fell 19.1%, following a fall of 16.7% in the previous month. Fixed lending commitments fell 4.3%, following a fall of 11.6% in the previous month.

The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) rose 1.3% in January 2017 and the seasonally adjusted series rose 0.7%.

Further detail can be found in Tables 1 and 8 on the downloads tab of this release and in the PDF.

PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE
Graph: Graph shows commitments for the purchase of dwellings by individuals for rent or resale



LEASE FINANCE

The trend series for the value of total lease finance commitments rose 10.2% in January 2017 and the seasonally adjusted series rose 73.5%, following a rise of 8.1% in December 2016.

Further detail can be found in Table 1 on the downloads tab of this release and in the PDF.